I will offer some advice(take it or leave it ) to current holders who paid 3 cents plus. Wait to see if the news is bad, if it is bad allow the armageddon fire sale to run a bit and (0.05- 0.09 trading range) average down as heavily as you can afford to(buy in big) to bring your average cost down as low as possible.
I beleive the oil is there - I do not believe the company will walk away.This asset has flowed 1200 BOPD in the last well, all be it in an unconventional fashion.
If it tanks you win by averaging down on this asset, if it doesnt drop any further "nothing more is lost"
Disclaimer:
"this is not financial advice - DYOR "
better than average
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